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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


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Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 42a
October 15 - October 17, 2018

Quote of the Week

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Currency Rates


Base Currency: Euro
on October 17, 2018
Base Currency: US Dollar
on October 17, 2018
      1 EUR = 1.1580 USD
1 EUR = 0.8783 GBP
1 EUR = 1.5008 CAD
1 EUR = 1.6232 AUD
1 EUR = 129.8300 JPY
1 EUR = 4.3097 BRL
1 EUR = 75.7626 RUB
1 EUR = 8.0064 CNY
      1 USD = 0.8635 EUR
1 USD = 0.7584 GBP
1 USD = 1.2960 CAD
1 USD = 1.4016 AUD
1 USD = 112.1100 JPY
1 USD = 3.7217 BRL
1 USD = 65.4254 RUB
1 USD = 6.9140 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


October 17, 2018
French Barley/Malt
Crop 2018
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 222.50-224.50 down0.45%
6RW Malting Barley (FOB Creil) 210.00-212.00 -
2RS Malt (FOB Antwerp) 428.00-430.00 down0.29%
6RW Malt (FOB Antwerp) 412.50-414.50 -
Feed Barley (FOB Creil) 201.00-203.00up1.00%
French Barley/Malt
Crop 2019
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 210.50-212.50 down0.47%
6RW Malting Barley (FOB Creil) 187.00-189.00 down0.53%
2RS Malt (FOB Antwerp) 413.00-415.00 down0.30%
6RW Malt (FOB Antwerp) 384.50-386.50 down0.32%
German Malting Barley
Crop 2018
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,644.00-1,646.00 -
Malting Barley (West) 1,644.00-1,646.00 -
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,384.00-1,386.00 -
Malting Barley (West) 1,384.00-1,386.00 -
Canadian Barley
Crop 2018
CAD/T %
2-Row Malting Barley, bulk, track in Winnipeg rail 364.00-366.00 -
2-Row Malting Barley, bulk, track in Vancouver rail 364.00-366.00 -
6-Row Malting Barley, bulk, track/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 254.00-256.00 -
Feed Barley, basis Winnipeg 254.00-256.00 -
Feed Barley, bulk in store, Vancouver 314.00-316.00 -
US Barley
Crop 2018
USD/T %
2-Row Malting Barley, bulk, railcar Great Falls, Montana 176.00-178.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota nq  
Feed Barley, basis Great Falls, Montana 142.00-144.00 -
Feed Barley, basis Minneapolis, Minnesota 118.00-120.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news World: Global warming could cause shortage of beer ...Click here
Brewery news UK: Beer duty tax rise to add extra £125 mln on beer spend ...Click here

Barley news Australia: Malting barley exports up 29% in September ...Click here


More Industry News


Brewery news Ireland: No-deal Brexit could hike up alcohol prices ...Click here
Brewery news World: Diageo launches and prices three-tranche €2 billion of fixed rate euro denominated bonds ...Click here
Brewery news Canada: Molson Coors puts historic brewery in Montreal up for sale ...Click here
Brewery news USA: Heineken to launch nonalocoholic Heineken 0.0 across the US ...Click here
Brewery news India: United Breweries’ shares fall 3% after CCI raid ...Click here

Graph of the week



Source: Deutscher Maelzerbund e. V.

Table of the week

World Barley Production by Country


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


15 October
1878 - Edison Electric Light Company incorporated
1908 - John Kenneth Galbraith is born, economist, Affluent Society-58 Hillman Award
1993 - Amstel brewery on Curacao produces 1,000,000,000th bottle

16 October
1922 - Disney Co founded
1923 - John Harwood patents self-winding watch (Switzerland)
1985 - Intel introduces 32-bit 80386 microcomputer chip

17 October
1929 - Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young
1977 - Mother Teresa of India awarded Nobel Peace Prize
1987 - Phillip Morris announces $11 billion tender offer for Kraft

Agenda

October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)


November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)


February 2019:
8-10: Finest Spirits 2019 (Munich, Germany)
8-11: HoReCa 2019 (Athens, Greece)
16-19: Beer Attraction 2019 (Rimini, Italy)
19-21: Beviale Moscow 2019 (Moscow, Russia)


March 2019:
5-7: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
13-16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
15-17: Barcelona Beer Festival 2019 (Barcelona, Spain)
19-21: Beviale Moscow 2019 (Moscow, Russia)
27-29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)


April 2019:
8-11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)


More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery news World: Global warming could cause shortage of beer
Global warming poses a serious threat to our current way of life, a new UN climate report found. And now it looks like it will cause a shortage of beer in the process, the Fortune reported on October 15.

A new study published on October 15 in the journal Nature Plants says that global warming will cause a decrease in barley crops, leading to a shortage of beer and causing a price hike. Barley is susceptible to drought and heat, and the extreme weather conditions in the coming years associated with global temperatures rising could trigger a 16% decline in global beer consumption, Business Insider reported.

“The aim of the study is not to encourage people to drink more today,” Dabo Guan, a co-author of the study and a professor of climate change economics at the University of East Anglia, told CNN. Instead, the researchers provided a tangible example of how global warming will impact quality of life by showing its effects on a favorite beverage of the working class: Beer.

Beer prices could double worldwide and the U.S. could see 20% decline in beer consumption—that’s about 10 billion cans of beer. Places like Ireland could see a price hike on beer of ...More info on site


Brewery news UK: Beer duty tax rise to add extra £125 mln on beer spend
A 2% rise in beer duty at next month’s November Budget would mean an additional £125 mln on what UK consumers are already spending annually on pints of beer, The Morning Advertiser reported on October 15.

According to CGA, the number of pints of draught beer sold in the on-trade in 2017 was 3,128,113,278.

If beer duty is not frozen in November, the cost of a pint could rise by 4p and so based on the number of pints sold last year, this means drinkers would be spending £125,124,531 more.

Chancellor of the Exchequer Philip Hammond announced a freeze in beer duty in last year's Autumn Budget, which he said was backing great British pubs.

However, figures from the Campaign for Real Ale, which were released in March this year found that 18 pubs a week are closing due to a triple whammy of high beer duty, rising business rates and VAT.

Health campaigners have argued that beer duty should rise and the money raised from the tax increase should be spent on the NHS, police forces and alcohol treatment services.

British Beer & Pub Association chef executive Brigid Simmonds told The Morning Advertiser that pubs benefit people’s health by combatting loneliness and being part of ...More info on site


Brewery news Ireland: No-deal Brexit could hike up alcohol prices
A no-deal Brexit could hike up Ireland’s booze prices, experts have warned.

The Alcohol Beverage Federation of Ireland said running costs of distilleries would increase which could lead to dearer pints in the pub.

Industry experts say 23,000 trucks in the booze industry cross the border every year – all of which face being hit with massive tariffs if negotiations don’t go well.

The impending levies could be as high as €93 per tonne of barley or €131 per tonne on malt.

Federation chief Patricia Callan said: “Tariffs would add significant costs to Northern Irish whiskey distilleries and breweries buying barley and malt from Ireland, to Irish craft distilleries and breweries buying specialist malts from the UK and to Irish cider producers buying apples from Co Armagh.

“Similarly, tariffs on finished cider products would damage the cost competitiveness of Irish and Northern Irish cider producers, threatening sales and jobs.

“We also need to avoid divergence on VAT. Drinks producers in border counties have, at any one time, up to 40 ‘live’ suppliers on the other side of the border.

“If there was to be no Brexit agreement on VAT, then, for the first time since 1993, an import VAT charge could become payable up-front at the point ...More info on site


Brewery news Canada: Molson Coors puts historic brewery in Montreal up for sale
Molson Coors Canada has announced that its historic brewery on Notre-Dame St. in Montreal is up for sale, more than a year after its relocation plans were first reported, Canadian Beer News reported on October 12.

According to CTV News, proceeds from the sale for the 12-hectare site are expected to be in the hundreds of millions, and will be used to fund the construction of a new brewing facility in Longueuil which is expected to open in 2021.

Molson Coors spokesperson Francois Lefebvre notes that the company is “looking for a developer that will respect the heritage of the Molson family and the Molson brewery and also that will work in collaboration with the city of Montreal.” It’s also planned for Molson to retain offices, a small brewery, and museum on the site.


Brewery news World: Diageo launches and prices three-tranche €2 billion of fixed rate euro denominated bonds
Diageo, a global leader in beverage alcohol, has launched and priced €2 billion of fixed rate euro denominated bonds under its European Debt Issuance Programme. The issuer of the bonds will be Diageo Finance plc, with payment of principal and interest fully guaranteed by Diageo plc, WebWire reported on October 16.

The issue consists of €900 million bonds due October 2021 with a coupon of 0.250%; €600 million bonds due April 2025 with a coupon of 1.000%; and €500 million bonds due October 2027 with a coupon of 1.500%. Proceeds from this issuance will be used for general corporate purposes.

Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank plc, Morgan Stanley & Co. International plc and NatWest Markets Plc are joint book-running managers.


Brewery news USA: Heineken to launch nonalocoholic Heineken 0.0 across the US
Heineken will soon launch a nonalcoholic version of its namesake beer in the U.S. as consumers seek out healthier options, CNBC reported on October 11.

In January, Heineken will introduce Heineken 0.0 (pronounced zero zero) nationwide. Heineken, the world's second-largest brewer, first launched the beer in Barcelona in May 2017 and has since rolled it out in more than 30 countries.

Consumers are increasingly shunning beer and instead drinking wine, spirits and hard seltzers, which they perceive as healthier than beer. Others are drinking less and some are dropping alcohol altogether. Heineken thinks it can reinvigorate the beer category if it can give people more opportunities to drink it.

"It's not about a replacement strategy, it's complementary," said Jonnie Cahill, chief marketing officer of Heineken USA. "Sometimes I drink Heineken. Sometimes I drink Heineken 0.0. ... So what we see happening is that this is in addition to our own Heineken position. We see this as an 'and' not an 'instead of purchase.'"

The U.S. market for nonalcoholic beer has been relatively small, with Anheuser-Busch InBev's O'Doul's being the most well-known brand. But it and other nonalcoholic beers have become somewhat stigmatized. Heineken hopes to market 0.0 as similar to traditional Heineken just without ...More info on site


Brewery news India: United Breweries’ shares fall 3% after CCI raid
Shares in India’s United Breweries Ltd fell as much as 3 percent on October 12, a day after a report said the brewer and two global rivals had been raided in India as part of an investigation into price-fixing allegations.

Reuters reported on October 11 that the Competition Commission of India (CCI) conducted search and seizure operations at the offices of India’s United Breweries (UB), Denmark’s Carlsberg and the world’s largest brewer Anheuser-Busch InBev (AB InBev) in at least two Indian cities.

Shares in United Breweries’ (UB), known for its Kingfisher brand, closed down 1.3 percent in Mumbai, as the broader market rose 2.3 percent on October 12.

Investors and analysts said UB shares were hit by fears that the CCI raids could result in penalties and potentially dent profits in future.

“This is a highly regulated market and these are global players. So, allegations of price-fixing are extremely worrying for us,” said the head of a fund that owns UB shares, who asked not to be named due to company policies.

United Breweries did not respond to requests for comment.

The beer market in India is estimated to be worth nearly $6.85 billion in 2018, according to research firm Euromonitor International, and is expected to ...More info on site



BarleyBarley News Barley


Barley news Australia: Malting barley exports up 29% in September
Australia exported 30,668 tonnes of sorghum in August, down 74 per cent on the July total of 119,487 tonnes, and feed barley shipments also took a tumble to 89,838 tonnes, down 33pc from 134,728t shipped in July, according to the latest export data from the Australian Bureau of Statistics (ABS).

This reflects dwindling supplies and strong demand from Australia’s drought-stricken eastern states, which has seen users of sorghum and feed barley in Queensland and NSW bid up strongly to keep the grain away from export.

Malting barley shipments bucked the downtrend, rising 29pc over August to 151,982 tonnes from 118,151 tonnes in July.


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